One of the final steps of the purchase process is a pre-closing walkthrough of the property. This is an opportunity for the Buyer to do a final check of the property to make sure any agreed upon repairs have been completed and the condition of the property is the same as when the contract was agreed upon. Normally this is done a day or two before the closing or around the time of the signing. Sometimes Buyers will have the general home inspector back out to do another brief perusal, but more commonly the Buyers will simply perform the walkthrough themselves or have a friend/relative do it on their behalf if out of town.
Unfortunately we as agents can’t perform this function on behalf of our clients, but we of course will be present as well. There is also a form that is necessary to be filled out agreeing everything is good and ready to close, or another spot noting anything that needs to be done before closing can occur if something is amiss.
Nothing in the contract specifically states that a Seller must repair all old nail holes where pictures or other decorations may have been hanging. Nor must they clean the home to any certain standard. This has at times been a contentious issue in real estate transactions around the area. Common decency and pride of ownership means most Sellers do a reasonable job of cleaning the home, but not always to the standards of the incoming Buyer. We recommend planning on performing a deep clean of the property to bring it up to your standard of cleanliness. It’s also likely you’ll have some minor nail holes to patch after moving in, but perhaps these locations might even work for your own decorations. Think of it as an opportunity to put a fresh coat of paint on the walls to make it your own & feel new!
Next: Attend the signing
- Step 1: Find a REALTOR®
- Step 2: Get pre-approved for a mortgage (only applies to buyers who are not paying with cash)
- Step 3: Start your home search online
- Step 4: Time for showings
- Step 5: Make an offer
- Step 6: I have an accepted contract. Now what?
- Step 7: Schedule the home inspections
- Step 8: Drop off your earnest money check
- Step 9: Put the closing on your calendar
- Step 10: What is the inspection period?
- Step 11: Don’t spend extra money (only applies to buyers who are getting a loan)
- Step 12: Provide documents to your loan officer (only applies to buyers who are getting a loan)
- Step 13: Read the title commitment
- Step 14: Review the HOA documents (only applies to buyers who are purchasing homes with HOAs)
- Step 15: Fill out and return your buyer’s packet
- Step 16: Tips for attending the home inspection
- Step 17: Read the inspection reports
- Step 18: Make repair requests
- Step 19: The appraisal (only applies to buyers who are getting a loan)
- Step 20: Hire movers and start packing
- Step 21: Hook up your utilities
- Step 22: Set up homeowner’s insurance
- Step 23: Get your down payment ready
- Step 24: Secure your new home
- Step 25: Do you want a home warranty?
- Step 26: Make your down payment
- Step 27: Attend the walkthrough
- Step 28: Attend the signing
- Step 29: Get the keys
- Step 30: Wrapping things up
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